Los Angeles daily herald., 1887-12-27
THE SLOPE.
A Budget of Matter From
the City on the Bay.
THE RAIN CLOUDS GATHERING
A Saloon Keeper Uses a Hatchet
on Intruders-NOtes from
Australia.

Associated Press Dispatches to the HERALD.
San FRANCISCO, December 26.-The
British war steamer Triumph sailed
for Acapulco to-day.
se The British ship Great Victoria,
laden with 1888 tons of coal, arrived
in this port from Nanaimo.
The C. b. Haywood, recently
wrecked at Navarro river, has been
taken out Of the river to the moor
ings, and the tug Sea Lion will leave
tonight to bring her to this city for
repairs.
The steam schooner Lagune ran
agr und at Fort Bragg and had her
rudder carried away. AT last ac
counts she was discharging her cargo.
a GREAT FORTUNE.
Isaac II. Cory, of this city, and
his family, have fallen heir to one
million dollars. Mr.. Cory is MEM
Der of the hardware firm of Carolin,
Cory & Co. The fortune was be-
queathed to him by relative, General
Hunt, of Morristown, N. j. About
a half q million goes to Mr.. Cory,
and the same amount to his children.
The entire estate was valued ut four
millions. General Hunt, who was
% years old at the time OF his death,
was one of the old-time merchants
of New York. He was born at Rah-
way, N. j., in 1903. He entered the
business as hardware apprentice.
SAN FRANcIsCo, December 26.--The
case OF George w. McNear against
Sears was dismissed in Judge Wilson's
Court on Saturday, the parties having
settled the matter. The litigation
was the outgrowth of the late
wheat deal. McNear sued to re-
cover $4,000, which he claimed
to be due on the sale OF
wheat to Sears. He also alleged
that the committee OF arbitration
had made an award OF that amount
in his favor. Upon hearing the ar
gument last Friday on a demurrer
fled by the attorney for Sears, Judge
Wilson remarked that the arbitration
was not binding, because Sears had not
agreed to the arbitration. This settle
ment OF the case restores to Sears his
seat in the board, from which he had
been suspended.
SAN Francisco, December 90
There is every prospect that the con-
sumers of coal will soon be relieved
from the payment OF exorbitant
prices for u.l. 1t was learned to day
that telegraphic instructions have
been sent to Valparaiso, Cairo,
Hong Kong and Shanghai by
prominent firms of this city to
their correspondents at these places
requesting them to charter all avail
able tonnage to convey coal to San
Francisco, San Pedro and San Diego.
The vessels to be chartered at Valpa-
raise and Callao will load coal at
the mines OF Lota, Coronel and Lebu,
situated on the south coast OF
the Chilean Republic. These mines
are owned by wealthy Chileans, and
their product is said to be very large.
The large fleet of English and Ger
man merchants steamers and war
vessels of various nationalties are
cruising in the waters OF Chill and
Peru. There are immense quantities
Of this coal. With favorable weather
the sailing vessels can reach
San Francisco from these mines
in sixty days. The vessels
that are to be chartered in
China are to load coal at the Takasima,
Karatz and Mkt mines. These mines
are situated in the vicinity of Maya
sakI Harbor, Japan, and their prod
uct has been extensively used by the
Japanese and various lines Of steam
ers plying on the coast for many
years. In quality, the coal is said to
be nearly equal to the Cardiff product.
The fuel from these Japanese mines
can be brought across in about forty
days, SO that by the middle OF Febru-
airy or early in March the present
prices will be materially reduced.